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Ferraro was waived by the Blues on Saturday, Renaud Lavoie of TVA Sports reports.
Ferraro, son of former NHL player Ray Ferraro, played in 68 NHL games last season with Boston and Detroit but was limited to only five goals and five assists during that time while averaging just over 10 minutes of ice time per game. If he passes through waivers unclaimed, he'll likely begin the upcoming season with the Blues minor league affiliate, AHL Peoria.

Ferraro penned a one-year, two-way contract with St. Louis on Friday.
Ferraro logged just 10 points in 58 contests after the Bruins picked him up off the waiver wire. The 24-year-old has yet to find success in the majors and is likely to spend the bulk of the 2016-17 campaign with AHL Chicago.

Ferraro did not receive a qualifying offer from the Bruins, making him an unrestricted free agent, Joe Haggerty of Comcast Sportsnet reports.
Ferraro was cut by the Red Wings in November after just 10 games, but the Bruins ended up claiming him off waivers and he spent the rest of the season in Boston. In 58 games with the Bruins, he posted five goals and five assists, but was never really able to move his way up the depth chart, seeing most of his time as a fourth-liner. The Bruins felt they were better off without Ferraro, so he'll head to unrestricted free agency, which opens Jul. 1.

Ferraro scored his fifth goal of the year Tuesday in a 2-1 win over Calgary.
Since coming over to the Bruins as a waiver claim, Ferraro's largely slotted in as a fourth-liner, collecting 10 points in 41 games. However, for what it's worth (which isn't a lot), three of those points have come in the last four games. The 24-year-old has some offensive skills, but doesn't seem likely to develop into anything more than a solid bottom-six grinder.

Ferraro (upper body) took part in line rushes during pregame warmups, indicating he will play Thursday against the Canucks.
Ferraro, who has registered seven points (three goals, four assists) in 25 games with the Bruins this season, will skate alongside Zac Rinaldo and Maxime Talbot on Boston's fourth line in Thursday's tilt.